Category: Real Estate

Jason Halpern was born on 1st January 1975; he is a Director of Parametric Dining as well as the Principal of JMH Development. The company has assets worth $500 million in New York state projects. The developments include an expansion on 184 Kent; a warehouse turned into 340 deluxe apartments.

Jason Halpern with His Wife

JMH also developed the Townhouses of Cobble Hill, adding up nine luxury townhouses to the larger Brooklyn neighborhood. Jason Halpern remains dedicated to building new and modern buildings for rental property, and commercial purposes, all over the New York State.

Jason Halpern’s JMH Development Tops Off Aloft South Beach

The new development announcement took place in New York on Sept. 15, 2014. The commencement of the topping off at the Aloft South Beach Hotel would mark a significant milestone in the entire construction process, signaling the start of the last phases of the project. The Aloft South Beach is a 235-room hotel that was scheduled to begin its operations in 2015 in Miami Beach.

Jason Halpern: Property Developer

The project was handled by Madden Real Estate Ventures and JMH Development. It is a remake of the historic Motel Ankara with a new eight-story tower. The project was done by Plaza Construction and ADD, Inc., architects.

Jason expressed his excitement on the topping off of the deluxe hotel. He specializes in restoring historic buildings. Jason added that the beginning of the project marked a significant milestone in the construction process, as they progressed toward the completing and the grand opening of the Aloft South Beach.

The hotel will provide waterfront scenery with access to Lake Pancoast plus the Collins Canal that wrapped around the property. It is a block away from the shores of Miami Beach, in the heart of South Beach, and close to the Miami Beach Convention Center, art galleries, night clubs, the Bass Museum of Art, restaurants, and boutiques.

The South Loft also has an outdoor pool, a fitness center, roof deck lounge, and a large meeting room ideal for business meetings as well as social gatherings. It also has entertainment from local rising artists and the hottest bands at the W XYZ bars.

JMH Development is a top real estate development company with significant commercial and residential properties across the U.S. JMH has been a leader in the construction of the most exceptional and strategically located buildings in growing areas like Williamsburg and Brooklyn. The construction company has successfully reconstructed 184 Kent Avenue and the 340 luxury housing in Brooklyn.

184 Kent is named as a national historic building and received the 2011 Building Brooklyn Award in the reconstruction for reuse category. JMH also has several buildings such as The Townhouses of Cobble Hill, in the Cobble Hill area of Brooklyn. JMH takes great pride in building high quality, durable and fruitful properties all over the country.

JHSF is a real estate company which specializes in high-end income properties. They are a leader in this market and operate in the residential and commercial markets. Some of their signature endeavors are in developing and managing shopping centers, upscale hotels, and an international airport. With their founding in 1972, they have excelled in spotting new business opportunities in the areas in which they operate. JHSF uses a pioneering blend of innovation which has allowed them to overcome obstacles and achieve success.

Their Chief Executive Officer is José AuriemoNeto and one significant area of his expertise is his oversight of the company’s extensive shopping and retail portfolio. One excellent example of this type of development is the Cidade Jardim shopping complex in Säo Paulo. This amazing mall is a wonderful place to visit and features an open-air design with lots of beautiful trees. The stores are luxurious, filled with high-end goods, and the decor is beautiful. There are rooftop restaurants where one can dine under the stars.

The CidadeJardim complex was inspired by some of the most elegant streets in the world. The stores are facing gardens with an amazing variety of native flora which truly inspires. The dining opportunities are of the highest quality and are known throughout the world. There are five extraordinary luxury brands available which include Hermès, Chanel, Prada, Louis Vuitton and Gucci. The local brands are represented as well along with the international brands.

There are four principal divisions of JHSF and they are Malls, Incorporations, Hotels & Restaurants Fasano and Executive Airport. JHSF, anticipating future market conditions, has successfully switched their focus to high-end income properties. This is in keeping with mature real estate markets and can generate income for decades into the future. As a result, the company’s revenues have increased significantly.

JHSF, under the tenure of José AuriemoNeto, has a strong focus on sustainability. This is a consideration for all phases of a project and demonstrates their concern for the surrounding environment. JHSF also engages in social responsibility projects in neighboring communities which are in close proximity to their developments.

Once again, the Middlesex Improvement Authorities have missed the $1 million in principal and interest on a $20 million loan that they helped the New Brunswick Development Corporation secure as part of a $107 million loan package. This is the fifth year in the row that Middlesex Improvement Authorities have failed to make the loan payment. The loan also included $70 million in municipal bonds.

New Brunswick Development Corporation used the money to build the Heldrich hotel and convention center. They point out that while the loan has not been repaid, the facility has added greatly to the economy of the area with 100,000 people visiting it in 2015. Furthermore, they point out that they paid over $1.2 million in real estate taxes and that they employee 235 unionized workers.

The New Brunswick Development Corporation has moved on to other projects. Most recently, the organization which brands itself as Devco, has been working on improving the Rutgers University campus and area. They have helped to construct a new dormitory that is supposed to pay for the funds that they obtained to do this project. They have also made improvements to College Avenue and have over seven tenants lined up to move into businesses along the street. Furthermore, they have built a new academic hall containing the latest technology in five large lecture rooms.

Officials with DEVCO say that they think the loan will be paid back in time. They point out that before Middlesex County Improvement Authority made the loan, they knew that they were a subordinate lender. The Heldrich has paid over $30 million to senior bond holders. They hope that as economic conditions improve that loan payments will be made soon, according to the article in the Press of Atlantic City.